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submitted 3 weeks ago by zephyreks@lemmy.ml to c/worldnews@lemmy.ml
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[-] Zehzin@lemmy.world 6 points 3 weeks ago

My dumb ass read it as anti-pork dumpling

[-] freagle@lemmygrad.ml 1 points 3 weeks ago
[-] Drusas@kbin.run 3 points 3 weeks ago

I read the article and the link to the other article about China's investigation, and I still don't know what "anti-dumping probe" is even supposed to mean. What dumping?

[-] HobbitFoot@thelemmy.club 2 points 3 weeks ago

China is engaging in tit-for-tat retaliation for the EU restricting Chinese electric vehicles. The anti-dumping probe is a scare tactic to threaten higher pork tariffs.

[-] sunzu@kbin.run 3 points 3 weeks ago

How is Spain making pork cheap enough to not only export to China but to dump it?

WTF IS GOING ON lol

[-] veganpizza69@lemmy.world 3 points 3 weeks ago

China's investigation appears mainly targeted at Spain, the Netherlands, France and Denmark, the three biggest EU exporters of pork to China.

All of them are subsidized heavily and very entitled to that and to polluting freely.

The EU is the world's second biggest producer of pork after China and the biggest exporter of pork and pork products. The EU's main producer countries are Germany, Spain and France and between them they represent half of the EU's total production. The EU exports about 13% of its total production. Most of the EU's pork exports go to East Asia, in particular China. https://agriculture.ec.europa.eu/farming/animal-products/pork_en

https://agridata.ec.europa.eu/extensions/DataPortal/pigmeat.html

[-] jaspersgroove@lemm.ee 2 points 3 weeks ago

If it’s anything like what happens in the US they’re dumping “excess” production to keep prices artificially high.

[-] fushuan@lemm.ee 2 points 3 weeks ago

Accord8ng to what I got from the aeticle, by dumping they mean mass exports.

[-] sunzu@kbin.run 2 points 3 weeks ago* (last edited 3 weeks ago)

That's correct. Dumping is a trade practice when selling priced under COGS, generally to drive competition out of business but there are various reasons.

this post was submitted on 17 Jun 2024
39 points (100.0% liked)

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